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XSESAU8U
Market cap888mUSD
Dec 20, Last price  
0.70SGD
1D
-1.41%
1Q
-6.67%
Jan 2017
-48.53%
IPO
-66.82%
Name

CapitaLand China Trust

Chart & Performance

D1W1MN
XSES:AU8U chart
P/E
29.50
P/S
3.04
EPS
0.02
Div Yield, %
9.82%
Shrs. gr., 5y
11.53%
Rev. gr., 5y
12.21%
Revenues
365m
-4.81%
71,855,000108,924,000120,330,000118,983,000131,863,000152,538,000160,075,000203,262,000220,334,000214,372,000229,190,000222,739,000238,185,000210,525,000377,967,000383,171,000364,746,000
Net income
41m
-66.81%
35,678,00038,656,00042,704,000111,322,000119,683,000137,000,000132,918,000144,598,000113,999,000106,614,000144,696,000128,561,000165,424,000-12,029,000106,678,000122,993,00040,826,000
CFO
206m
+13.18%
29,800,00055,132,00059,117,00072,553,00074,890,00057,290,00068,625,000111,416,000117,721,000119,930,000116,260,000117,762,000127,403,00078,571,000214,091,000182,081,000206,072,000
Dividend
Aug 06, 20240.0301 SGD/sh
Earnings
Jan 28, 2025

Profile

CapitaLand China Trust (CLCT), formerly known as CapitaLand Retail China Trust, is Singapore's largest China-focused real estate investment trust (REIT). Upon completion of the transformational acquisition of five business parks and balance 49% interest in Rock Square, CLCT's enlarged portfolio will comprise of 13 shopping malls and five business park properties. The geographically diversified portfolio has a total gross floor area (GFA) of approximately 1.8 million square metre (sq m), located across 11 leading Chinese cities. CLCT was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) on 8 December 2006, and established with the objective of investing on a long-term basis in a diversified portfolio of income-producing real estate and real estate-related assets in mainland China, Hong Kong and Macau that are used primarily for retail, office and industrial purposes (including business parks, logistics facilities, data centres and integrated developments). CLCT's retail properties are strategically located in densely populated areas with good connectivity to public transport. The malls are positioned as one-stop family-oriented destinations housing a wide range of lifestyle offerings that cater to varied consumer preferences in shopping, dining and entertainment as well as essential services. CLCT's portfolio comprises a diverse mix of more than 2,000 leases, which include leading brands UNIQLO, Xiaomi, ZARA, Haidilao, Nike, Sephora, Starbucks Coffee and Swarovski. The malls are CapitaMall Xizhimen, CapitaMall Wangjing, CapitaMall Grand Canyon and CapitaMall Shuangjing in Beijing; Rock Square in Guangzhou; CapitaMall Xinnan in Chengdu; CapitaMall Qibao in Shanghai; CapitaMall Minzhongleyuan in Wuhan; CapitaMall Saihan and CapitaMall Nuohemule in Hohhot; CapitaMall Xuefu, CapitaMall Aidemengdun in Harbin and CapitaMall Yuhuating in Changsha. CLCT has a portfolio of five business parks situated in high-growth economic zones which house high quality and reputable domestic and multinational corporations operating in new economy sectors such as Electronics, Engineering, E-Commerce, Information and Communications Technology and Financial Services. The business parks exhibit excellent connectivity with close proximity to transportation hubs, and are easily accessible via various modes of transportation. The properties are Ascendas Xinsu Portfolio in Suzhou, Ascendas Innovation Towers and Ascendas Innovation Hub in Xi'an and Singapore-Hangzhou Science & Technology Park Phase I and Phase II in Hangzhou. CLCT is managed by CapitaLand China Trust Management Limited, a wholly owned subsidiary of Singapore-listed CapitaLand Limited, one of Asia's largest diversified real estate groups.
IPO date
Dec 08, 2006
Employees
Domiciled in
SG
Incorporated in
SG

Valuation

Title
SGD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑122014‑12
Income
Revenues
364,746
-4.81%
383,171
1.38%
377,967
79.54%
Cost of revenue
128,340
151,293
147,902
Unusual Expense (Income)
NOPBT
236,406
231,878
230,065
NOPBT Margin
64.81%
60.52%
60.87%
Operating Taxes
70,005
87,785
66,792
Tax Rate
29.61%
37.86%
29.03%
NOPAT
166,401
144,093
163,273
Net income
40,826
-66.81%
122,993
15.29%
106,678
-986.84%
Dividends
(118,282)
(95,792)
(98,417)
Dividend yield
7.48%
5.08%
5.32%
Proceeds from repurchase of equity
906,250
BB yield
-48.99%
Debt
Debt current
131,049
331,137
220,148
Long-term debt
1,820,117
1,625,073
1,790,677
Deferred revenue
2,642,674
26,951
Other long-term liabilities
61,487
(2,577,860)
66,035
Net debt
1,692,148
1,680,798
1,716,223
Cash flow
Cash from operating activities
206,072
182,081
214,091
CAPEX
(490)
(38,782)
(27,728)
Cash from investing activities
(5,629)
(43,961)
(533,422)
Cash from financing activities
(177,985)
(173,508)
366,134
FCF
(19,079)
121,282
115,786
Balance
Cash
243,464
231,048
288,860
Long term investments
15,554
44,364
5,742
Excess cash
240,781
256,253
275,704
Stockholders' equity
2,317,156
4,171,471
4,330,930
Invested Capital
4,188,597
4,442,678
4,771,818
ROIC
3.86%
3.13%
3.91%
ROCE
4.97%
4.60%
4.29%
EV
Common stock shares outstanding
1,699,526
1,683,699
1,554,646
Price
0.93
-16.96%
1.12
-5.88%
1.19
-13.77%
Market cap
1,580,559
-16.18%
1,885,743
1.93%
1,850,029
7.24%
EV
3,550,009
5,431,781
5,308,983
EBITDA
237,417
233,106
231,433
EV/EBITDA
14.95
23.30
22.94
Interest
92,956
64,264
39,260
Interest/NOPBT
39.32%
27.71%
17.06%